FREE CONCEPT ApS

CVR 29617899 · Private limited company (ApS) · Active · Low risk

FREE CONCEPT ApS is a Private limited company (ApS), founded on , based in Odense S. The company is registered in the industry engroshandel med kufferter og lædervarer. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 438k and a net result of DKK 52k. CEO: Peter Kolle Christensen.

Bankruptcy risk for FREE CONCEPT ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
29617899
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Højbyvej 60
5260 Odense S
Municipality
Odense
Industry
Engroshandel med kufferter og lædervarer (464930)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
5 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 20
Missing annual reportNo
Negative equityNo
Equity ratio23.4%
Current ratio131%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.8mDKK 1.8mDKK 2.0m
Net profitDKK 52kDKK 91kDKK 151k
EquityDKK 438kDKK 476kDKK 507k
Total assetsDKK 1.9mDKK 1.9mDKK 2.0m
Short-term debtDKK 1.2mDKK 1.2m–
Tax owedDKK 21kDKK 16k–
Avg. employees43–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024139
1 Jan 2023 – 31 Dec 2023144
1 Jan 2022 – 31 Dec 2022161
1 Jan 2021 – 31 Dec 2021186 Late
1 Jan 2020 – 31 Dec 2020132
1 Jan 2019 – 31 Dec 2019177
1 Jan 2018 – 31 Dec 2018164
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016121
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014128
1 Jan 2013 – 31 Dec 201370
1 Jan 2012 – 31 Dec 2012113
1 Jan 2011 – 31 Dec 201185
1 Jan 2010 – 31 Dec 201072
1 Jan 2009 – 31 Dec 2009104
1 Jan 2008 – 31 Dec 2008116
1 Jan 2007 – 31 Dec 2007100
1 Jan 2006 – 31 Dec 2006148

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOPeter Kolle ChristensenCurrent
Owner (100%)Peter Kolle ChristensenCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorSelskabet af den 4. juli 2016 RVT ApS
FounderPeter Kolle ChristensenCurrent

The CEOs' other companies

Peter Kolle Christensen – 1 other companies, of which 1 bankrupt

Address history (0 moves)

Højbyvej 60, 5260 Odense S

Employees per year

Number of employees at FREE CONCEPT ApS per year482011: 420112012: 320122013: 020132014: 420142015: 620152016: 720162017: 820172018: 52018

Other companies at the same address

Similar companies in Odense

Questions and answers about FREE CONCEPT ApS

Has FREE CONCEPT ApS gone bankrupt?

No, FREE CONCEPT ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of FREE CONCEPT ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of FREE CONCEPT ApS?

Peter Kolle Christensen is the CEO of FREE CONCEPT ApS.

Who is the auditor of FREE CONCEPT ApS?

FREE CONCEPT ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was FREE CONCEPT ApS founded?

FREE CONCEPT ApS was founded on 12 June 2006.

What is the equity of FREE CONCEPT ApS?

Equity was DKK 438k according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.